NOT LISTED FOR SALE

200 W 5th St Rochester, IN 46975

4 Beds
4 Baths
2,340 Sq Ft
10,019 Sq Ft Lot

Last Sold October 19, 2023

Last sale price $180,000 $77 Per Sq Ft

3 Days on Market

Highlights

  • Corner Lot
  • Carpet
  • 1-Story Property
  • Baseboard Heating

About This Home

As of October 2023

If you’re looking to invest in a 4-Plex / Apartment property, look no further. This (4) 1 bedroom / 1 bathroom unit provides 545 SQ/each. This property is well-maintained and has been updated with the following: New Roof (2016), windows, refrigerators, stoves, flooring, led light switches, new receptacles, new toilets, baseboard heaters, through the wall A/C with heat units, and digital thermostats. Tenants pay: Electric Landlord pays: Water/Sewer - Average $130/month, Trash $75/month. 424 Jefferson St. is a breezeway. This breezeway contains access to the electrical room, point to attic or crawl space. The breezeway location is noted by the Rochester Emergency Response Center. Property is being sold "AS-IS" Please see attached "AS-IS Addendum"

Last Listed By

Amanda Boldry

Brick Built Real Estate Brokerage Phone: 317-316-6805 Listed on: 09/18/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,248

Year Built

  • Built in 1973

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 90 x 110
  • Corner Lot

Home Design

  • Quadruplex
  • Vinyl Construction Material

Interior Spaces

  • 2,340 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Schools

  • Columbia / Riddle Elementary School
  • Rochester Middle School
  • Rochester High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 25-07-91-398-013.000-009

Community Details

Overview

  • 4 Units

Building Details

  • Insurance Expense $1,200
  • Trash Expense $900
  • Water Sewer Expense $1,560

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,248

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1973
  • Age: 50
  • Style: Attached
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: Lot 151 Less 55' W End Bozarth 7 1/2' X 110' S Side Lot 152 Bozart H.
  • Parcel Number ID: 25-07-91-398-013.000-009
  • Platted: Yes
  • Amenities: Off Street Parking
  • Grid: 100 Fulton Co.
  • Sp Lp Percent: 102.86
  • Monthly Gross Income: 1875
  • Year Taxes Payable: 2023
  • Special Features: None

Interior Features

  • Total Sq Ft: 2340
  • Total Finished Sq Ft: 2340
  • Above Grade Finished Sq Ft: 2340
  • Price Per Sq Ft: 76.92
  • Basement Foundation: Crawl
  • Flooring: Carpet, Laminate
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Vinyl
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Cooling: Wall AC
  • Heating Fuel: Electricity, Baseboard, Wall Heater
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 1200
  • Annual Trash Expense: 900
  • Annual Water Sewer Expense: 1560

Schools

  • School District: Rochester Community School Corp.
  • Elementary School: Columbia / Riddle
  • Middle School: Rochester
  • High School: Rochester
  • Elementary School: Columbia / Riddle

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 90 X 110
  • Estimated Lot Sq Ft: 10019
  • Estimated Lot Size Acres: 0.23

Rental Info

  • Lease Term: Renewal Options
  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Electric

Multi Family

  • Gross Monthly Rent: 500
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Num Of1 Bedrooms: 4
  • Num Of Units Rented: 4

Tax Info

  • Annual Property Tax: 1248

MLS Schools

  • High School: Rochester
  • Middle School: Rochester
  • School District: Rochester Community School Corp.

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2023 10/19/23 Sold $180,000 +2.9% $77 / Sq Ft
09/21/2023 09/21/23 Pending -- -- --
09/18/2023 09/18/23 For Sale $175,000 -- $75 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202333900

Indiana Regional MLS